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HTMLThe Third Time's The Charm - IRS Announces Third Opportunity For Voluntary Disclosure Of Offshore Accounts
Michael N. Gooen, Michael B. Himmel, Richard J. Horne, Robert J. Kipnees, Matthew M. Oliver, Brian A. Silikovitz; Lowenstein Sandler PC;
Legal Alert/Article
January 13, 2012, previously published on January 10, 2012
On Monday, January 9, 2012, the Internal Revenue Service announced a third voluntary disclosure initiative for those individuals who previously failed to disclose to the IRS income from offshore accounts. This initiative follows on the heels of the highly successful 2009 and 2011 programs, pursuant...